Catalyst Financial Partners LLC lifted its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 4.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,771 shares of the railroad operator’s stock after purchasing an additional 153 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Union Pacific were worth $891,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Highline Wealth Partners LLC boosted its holdings in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new position in Union Pacific during the 1st quarter worth $32,000. EnRich Financial Partners LLC bought a new position in Union Pacific during the 4th quarter worth $31,000. Strategic Investment Solutions Inc. IL increased its stake in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares during the period. Finally, Cornerstone Planning Group LLC increased its stake in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after acquiring an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently issued reports on UNP shares. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Barclays raised their price objective on Union Pacific from $260.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday. Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Jefferies Financial Group dropped their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Finally, Citigroup raised their price objective on Union Pacific from $244.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $256.63.
Union Pacific Stock Down 0.8%
Shares of NYSE:UNP opened at $235.01 on Monday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The company’s fifty day moving average is $226.11 and its two-hundred day moving average is $231.15. The stock has a market capitalization of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the business posted $2.69 EPS. Equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.28%. Union Pacific’s dividend payout ratio is currently 48.29%.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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